Saturday, May 19, 2012  
 
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Notice
Due to the unprecedented volatility of the grain markets, we will only be buying grain and pricing New Crop Contracts during trading hours. This will be Monday thru Friday, 9:30AM-1:00PM.


Local Cash Bids
All Locations Delivery Cash   Basis    
 Wheat Chart Cash    
  Chart N/C 2012    
 Corn Chart Cash    
  Chart N/C 2012    
 Milo Chart Cash    
  Chart N/C 2012    
 Soybeans Chart Cash    
  Chart N/C 2012    
Price as of 05/19/12 04:16AM CDT.
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My LDP
 
Chg Zip: 
County LDP
USDA has adjusted the calculations of LDP data.
Click here for more information.

Quote Ticker
  • HARD RED WINTER WHEAT (Jul 12) 705'0s 33'0     CST
  • HARD RED WINTER WHEAT (Sep 12) 717'4s 31'0     CST
  • HARD RED WINTER WHEAT (Dec 12) 738'6s 30'2     CST
  • HARD RED WINTER WHEAT (Mar 13) 750'6s 29'2     CST
  • HARD RED WINTER WHEAT (May 13) 757'2s 29'2     CST
  • HARD RED WINTER WHEAT (Jul 13) 761'6s 30'2     CST
  • HARD RED WINTER WHEAT (Sep 13) 770'0s 30'0     CST
  • HARD RED WINTER WHEAT (Dec 13) 782'0s 29'0     CST
  • HARD RED WINTER WHEAT (Mar 14) 787'0s 29'0     CST
  • HARD RED WINTER WHEAT (May 14) 792'0s 29'0     CST
  • HARD RED WINTER WHEAT (Jul 14) 777'0s 29'0     CST
  • CORN (Jul 12) 635'4s 10'4 5/18/12   1:57 PM CST
  • CORN (Sep 12) 546'4s 8'0 5/18/12   1:57 PM CST
  • CORN (Dec 12) 537'0s 8'6 5/18/12   1:57 PM CST
  • CORN (Mar 13) 546'4s 7'2 5/18/12   1:57 PM CST
  • CORN (May 13) 557'0s 9'6 5/18/12   1:57 PM CST
  • CORN (Jul 13) 563'4s 8'6 5/18/12   1:57 PM CST
  • CORN (Jul 12) 635'4s 10'4     CST
  • CORN (Sep 12) 546'4s 8'0     CST
  • CORN (Dec 12) 537'0s 8'6     CST
  • CORN (Mar 13) 546'4s 7'2     CST
  • CORN (May 13) 557'0s 9'6     CST
  • CORN (Jul 13) 563'4s 8'6     CST
  • SOYBEANS (Jul 12) 1405'0s -33'0 5/18/12   1:43 PM CST
  • SOYBEANS (Aug 12) 1381'0s -24'2 5/18/12   1:43 PM CST
  • SOYBEANS (Sep 12) 1327'0s -20'4 5/18/12   1:43 PM CST
  • SOYBEANS (Nov 12) 1288'0s -18'4 5/18/12   1:43 PM CST
  • SOYBEANS (Jan 13) 1286'0s -18'0 5/18/12   1:43 PM CST
  • SOYBEANS (Mar 13) 1259'4s -16'0 5/18/12   1:43 PM CST
  • SOYBEANS (Jul 12) 1405'0s -33'0     CST
  • SOYBEANS (Aug 12) 1381'0s -24'2     CST
  • SOYBEANS (Sep 12) 1327'0s -20'4     CST
  • SOYBEANS (Nov 12) 1288'0s -18'4     CST
  • SOYBEANS (Jan 13) 1286'0s -18'0     CST
  • SOYBEANS (Mar 13) 1259'4s -16'0     CST
  • LIVE CATTLE (Jun 12) 119.525s 1.600 5/18/12   1:09 PM CST
  • LIVE CATTLE (Aug 12) 121.925s 1.875 5/18/12   1:09 PM CST
  • LIVE CATTLE (Oct 12) 126.300s 1.350 5/18/12   1:09 PM CST
  • FEEDER CATTLE (May 12) 151.300s 0.675 5/18/12   1:54 PM CST
  • FEEDER CATTLE (Aug 12) 160.700s 0.775 5/18/12   1:54 PM CST
  • FEEDER CATTLE (Sep 12) 161.725s 0.550 5/18/12   1:49 PM CST

Local Conditions
Meade, KS
Chg Zip Code: 
Temp: 72oF Feels Like: 76oF
Humid: 50% Dew Pt: 52oF
Barom: 29.72 Wind Dir: S
Cond: N/A Wind Spd: 20 mph
Sunrise: 6:31 Sunset: 8:48
As reported at LIBERAL, KS at 3:00 AM
View complete Local Weather

Local Radar
Meade, KS
Chg Zip Code: 
 
Radar
View complete Local Weather

5-day Forecast for Meade, KS
Change Zip Code: 
Date Sat
5/19
Sun
5/20
Mon
5/21
Tue
5/22
Wed
5/23
Weather
Condition
Partly Cloudy Partly Cloudy Thunder Storms Rain Clear
Weather Partly Cloudy Partly Cloudy Thunder Storms Rain Clear
Temp
L/H (°F)
63/83 52/79 56/83 58/93 60/92
Feels
Like

L/H (°F)
63/83 52/79 56/83 58/93 60/92
Dew Point
(°F)
49 48 52 50 46
Humidity
(%)
39 47 47 35 29
Wind
Speed

(mph)
17 12 14 20 21
Precip
(%)
- - 50 20 -
Precip
Amt
(in.)
None None Rain
0.02
Rain
0.01
None
Evap
(in./day)
0.31 0.23 0.26 0.43 0.45
View complete Local Weather

DTN Market Matters Blog
Linda Smith Bio
DTN Markets Editor
Friday, May 18, 2012 2:29PM CDT

The national average basis for corn was up 1 cent at 13 cents over the July futures contract and the Telvent DTN National Corn Index was up 6 cents to $6.38. The national average basis for soybeans was also up 1 cent at 44 cents under the July futures contract and the Telvent DTN National Soybean Index climbed 17 cents to $13.94. The national average basis for HRW wheat was unchanged at 47 cents under the July futures contract while the Telvent DTN National Hard Red Winter Wheat Index was up 16 cents to $6.25.

Thursday, May 17, 2012 5:40PM CDT
Thursday, May 17, 2012 1:07PM CDT

Quote of the Day


"If thine enemy offend thee, give his child a drum."

~ Fran Lebowitz,  US writer and humorist


Did You Know?

In 1931 fungus that causes Dutch elm disease was introduced into the U.S.


Fact courtesy of the USDA


An Urban's Rural View
Friday, May 18, 2012 5:03PM CDT
People criticize Warren Buffett for his views on taxes, for his company's low share price, for his dislike of gold. Why don't they criticize his conservative take on the growth potential of the U.S. economy?
Go West And Multiply!
Friday, May 18, 2012 4:59PM CDT
The Homestead Act of 1862 helped fuel westward expansion of a young but growing United States.
New Trading Hours Start Sunday
Friday, May 18, 2012 4:57PM CDT
All three U.S. grain exchanges will start trading expanded electronic hours starting at 5 p.m. on Sunday.
Sanow's Market Sense
Thursday, May 17, 2012 3:47PM CDT
The fast planting pace means there will be corn harvested earlier than normal, setting the stage for basis levels to collapse.




DTN Market News
Corn Basis Continues to Strengthen
DTN Early Word Grains 05/18 07:18
DTN Midday Grain Comments 05/18 11:42
DTN Closing Grain Comments 05/18 14:31
DTN Cattle Close/Trends 05/18 15:25
DTN Early Word Opening Livestock 05/18 06:21
DTN Midday Livestock Comments 05/18 11:59
DTN Closing Livestock Comments 05/18 16:40
DTN Chart Technical Points 05/18 15:00
DTN Feeder Pig Index

DTN Cash Bid Updates
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DTN Top Stories

All three U.S. grain exchanges will start trading expanded electronic hours starting at 5 p.m. on Sunday. See DTN Ag News. BNew Trading Hours Start Sun....

Sometimes I really enjoy my job. This Friday is one of those occasions following a morning filled with debate about which is more important to farmers: cash price vs. basis. See DTN Ag News. 1^Newsom on the Market...

The Homestead Act of 1862 helped fuel westward expansion of a young but growing United States. See DTN Ag News. BGo West And Multiply!...

Each year DTN finds growers with different crop mix plans to feature in our Planting Choices series. We will visit these producers at planting time, during the growing season and at harvest to see how the year treats them. In this, the second of the profiles, Minnesota farmer Adam Gorecki decides to plant more corn and soybeans because of economic reasons, as well as disease concerns. See DTN Ag News. BPlanting Choices - 2...

People criticize Warren Buffett for his views on taxes, for his company's low share price, for his dislike of gold. Why don't they criticize his conservative take on the growth potential of the U.S. economy? See DTN Ag News. BAn Urban's Rural View...


This Day In History
May 19, 1884
Ringling Brothers circus premieres

more info



Quotes
 
@KW - HARD RED WINTER WHEAT - KCBT
  High Low Last Chg
Jul 708'4 667'2 705'0s 33'0
Sep 721'0 683'0 717'4s 31'0
Dec 743'4 704'4 738'6s 30'2
Mar 755'0 718'0 750'6s 29'2
May 759'4 728'2 757'2s 29'2
Jul 764'0 729'4 761'6s 30'2
Sep 767'6 767'6 770'0s 30'0
Dec 777'6 749'0 782'0s 29'0
Mar 750'0 750'0 787'0s 29'0
May 792'0s 29'0
Jul 777'0s 29'0
 
C - CORN - CBOT
  High Low Last Chg
Jul 638'2 630'2 635'4s 10'4
Sep 551'0 544'0 546'4s 8'0
Dec 542'0 532'4 537'0s 8'6
Mar 552'0 544'4 546'4s 7'2
May 556'2 556'2 557'0s 9'6
Jul 563'4s 8'6
 
@C - CORN - CBOT
  High Low Last Chg
Jul 638'4 619'4 635'4s 10'4
Sep 551'6 532'4 546'4s 8'0
Dec 542'4 522'0 537'0s 8'6
Mar 552'2 533'4 546'4s 7'2
May 560'0 541'6 557'0s 9'6
Jul 567'0 550'4 563'4s 8'6
 
S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1437'0 1405'0 1405'0s -33'0
Aug 1381'0s -24'2
Sep 1327'0s -20'4
Nov 1317'0 1289'4 1288'0s -18'4
Jan 1309'0 1294'0 1286'0s -18'0
Mar 1277'0 1268'0 1259'4s -16'0
 
@S - SOYBEANS - CBOT
  High Low Last Chg
Jul 1438'6 1405'0 1405'0s -33'0
Aug 1409'6 1379'4 1381'0s -24'2
Sep 1355'0 1326'4 1327'0s -20'4
Nov 1317'4 1288'2 1288'0s -18'4
Jan 1314'2 1286'6 1286'0s -18'0
Mar 1287'0 1260'0 1259'4s -16'0
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Jun 119.600 118.200 119.525s 1.600
Aug 121.950 120.250 121.925s 1.875
Oct 126.625 125.250 126.300s 1.350
 
@GF - FEEDER CATTLE - CME
  High Low Last Chg
May 151.600 150.200 151.300s 0.675
Aug 161.250 159.700 160.700s 0.775
Sep 162.325 161.050 161.725s 0.550

 
 
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